All Kingfisher articles – Page 38
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NewsB&Q appoints Liz Bell and Nick Folland to board
B&Q has appointed its HR director Liz Bell and parent Kingfisher’s company secretary Nick Folland to its board.
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NewsBest Buy bolsters UK team with ex-Kingfisher man Kevin Styles
Electricals giant Best Buy has strengthened its UK team as it prepares to take on DSGi and Kesa when it launches here next year.
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NewsRetail lags market despite City upgrades
The FTSE’s record 11-day rally came to an end on Tuesday and retail underperformed the market as good official sales figures and reassuring trading updates were cancelled out by a bearish view on the sector released by credit rating agency Fitch.
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NewsKingfisher charms City with Q2 numbers
Kingfisher impressed the City with its pre-close second-quarter update as gains in the UK and Poland helped lift group sales.
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NewsAndy Bond warns of long road to recovery
Despite a better than expected trading outlook for the rest of this year, the road to recovery for UK retailers will be long and hard, Asda chief executive Andy Bond has suggested.
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NewsKingfisher eyes franchise model to chart new territory
B&Q owner Kingfisher is mulling an unprecedented move into franchising as it seeks to expand into new international markets.
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AnalysisCan Kingfisher's Castorama triumph in Russia?
Russia may be hard to crack but Peter Høgsted vows Kingfisher’s Castorama chain can win DIY share there. Nicola Harrison reports from St Petersburg
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NewsB&Q beats second-quarter expectations
DIY giant Kingfisher’s flagship B&Q UK chain beat second-quarter sales expectations, helped by business improvements and the collapse of rivals.
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AnalysisTop 50 retailers: Retail’s premier league
It’s 18 months since Retail Week’s last look at the UK’s top retailers by sales and margins and much has changed in that time. Retail Knowledge Bank senior partner Robert Clark reports
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OpinionThe new frugality is here to stay
Conspicuous consumption is out, thrift and sustainability are in, says Ian Cheshire
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NewsCastorama holds firm as French DIY sector shrinks
Castorama holds firm as French DIY sector shrinks
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NewsKingfisher surprises City with ‘stormingly good’ first quarter
Kingfisher beat analysts’ forecasts with its first-quarter trading update and wants to capitalise on the Irish market now that rival Wickes has halted its expansion plans there.
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NewsRetail stocks rebound but City still cautious
Has the rally in general retail stocks run its course? That’s what one leading broker said, despite the sector rebounding this week after three weeks of decline.
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OpinionFrancis Salway departure would be retail’s loss
For Land Securities chief executive Francis Salway to go would be a massive setback to all the work which has gone on to improve relationships between landlords and retailers.
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NewsKingfisher profits soar 38.5 per cent in first quarter
Kingfisher’s retail profit surged 38.5 per cent to £128m in the 13 weeks to May 2, beating expectations as seasonal products and favourable weather lifted sales.
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News
Green shoots shrivel as rally grinds to halt
Green shoots shrivelled as, for the third week running, general retailers were in reverse. The sector’s amazing rally over the past few months has shuddered to a halt as a result of profit taking by investors, some nasty shocks and a still uncertain outlook.
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News
Foreign retailers welcome new Indian government
Last week India’s new government, with Manmohan Singh as prime minister, was sworn in in Delhi. Singh and the Congress Party won a decisive mandate with his pledge to tackle the impact of the global economic crisis and by ensuring growth for the country.
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NewsCautious brokers upgrade Kingfisher on Q1 prospects
Brokers have increased profit forecasts for DIY giant Kingfisher in expectation of a good first quarter but remain cautious about longer- term prospects.